Reaffirming Kinaxis' commitment to furthering sustainability
goals and supporting The Ten Principles of the UN Global
Compact
OTTAWA, ON, Oct. 28, 2021 /CNW/ - Kinaxis® Inc. (TSX:
KXS), the authority in driving agility for fast, confident
decision-making in an unpredictable world, has joined the United
Nations Global Compact, the largest global platform to strengthen
corporate sustainability practices. Joining the UNGC is the next
step to further the company's commitments to balance environmental,
social and governance (ESG) needs to realize a sustainable
future.
With a network of more than 12,000 companies and 3,000
non-business signatories based in over 160 countries, the UN Global
Compact is the largest corporate sustainability initiative in the
world. The Ten Principles of the UN Global Compact address areas of
human rights, labour, environment, and anti-corruption, and
represent the fundamental values that businesses can and should
embed in their daily strategies and operations to advance broader
societal goals such as the UN Sustainable Development goals and the
2030 Agenda to address the world's critical challenges.
"Joining the United Nations Global Compact furthers our
commitment to our corporate values and the importance of removing
waste in the supply chain," said John Sicard, CEO of Kinaxis.
"Our company cares deeply about the well-being of people everywhere
and the sustainability of the planet. We recognize that a critical
part of our responsibility as a leader in supply chain planning
solutions is to lead by example and help our customers minimize the
impact of supply chains globally, so we can all live better and
change the world. I am proud of the commitments Kinaxis has made to
support the UN Global Compact."
Recently, Kinaxis released its 2021 Global Impact Report
outlining milestones achieved across its core ESG commitments:
protecting our planet, taking care of people, giving back and
building trust. Highlights from that report include:
- Achieved carbon neutrality for 2020 by calculating greenhouse
gas emissions and purchasing quality offsets.
- Mandated that, for key roles, 30% of candidates presented and
25% of candidates interviewed must be from underrepresented
groups.
- Supported more than 60 organizations, globally, and quintupled
its charitable giving compared to its initial commitment for the
year.
- Began reporting metrics in line with the Sustainability
Accounting Standards Board guidance for software and IT
services.
More details on all commitments can be found in Kinaxis' 2021
Global Impact Report.
About UN Global Compact
As a special initiative of the UN Secretary-General, the United
Nations Global Compact is a call to companies everywhere to align
their operations and strategies with Ten Principles in the areas of
human rights, labour, environment and anti-corruption. Our ambition
is to accelerate and scale the global collective impact of business
by upholding the Ten Principles and delivering the Sustainable
Development Goals through accountable companies and ecosystems that
enable change. With more than 12,000 companies and 3,000
non-business signatories based in over 160 countries, and 69 Local
Networks, the UN Global Compact is the world's largest corporate
sustainability initiative — one Global Compact uniting business for
a better world. For more information, follow @globalcompact
on social media and visit our website at
unglobalcompact.org.
About Kinaxis Inc.
Everyday volatility and uncertainty demand quick action.
Kinaxis® delivers the agility to make fast,
confident decisions across integrated business planning and the
digital supply chain. People can plan better, live better and
change the world. Trusted by innovative brands, we combine human
intelligence with AI and concurrent planning to help companies plan
for any future, monitor risks and opportunities and respond at the
pace of change. Powered by an extensible, cloud-based platform,
Kinaxis delivers industry-proven applications so everyone can know
sooner, act faster and remove waste. For more Kinaxis news,
visit Kinaxis.com or follow us
on LinkedIn or Twitter.
Forward-Looking Statements
Certain statements in this release constitute forward-looking
statements within the meaning of applicable securities laws.
Forward-looking statements include statements as to Kinaxis' growth
opportunities and the potential benefits of, and demand for,
Kinaxis' products and services. These statements are subject to
certain assumptions, risks and uncertainties, including our view of
the relative position of Kinaxis' products and services compared to
competitive offerings in the industry. Readers are cautioned not to
place undue reliance on such statements. Kinaxis' actual results,
performance, achievements and developments may differ materially
from the results, performance, achievements or developments
expressed or implied by such statements. Risk factors that may
cause the actual results, performance, achievements or developments
of Kinaxis to differ materially from the results, performance,
achievements or developments expressed or implied by such
statements can be found in the public documents filed by Kinaxis
with Canadian securities regulatory authorities. Kinaxis assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by law.
SOURCE Kinaxis Inc.